GoldBod CEO urges diaspora to shift from remittances to investment
African governments and businesses should encourage the continent's global diaspora to channel more capital into productive investments rather than relying primarily on remittances,
African governments and businesses should encourage the continent's global diaspora to channel more capital into productive investments rather than relying primarily on remittances,
MTN Ghana Board Chairman, Dr Ishmael Yamson, has described the full implementation of the African Continental Free Trade Area (AfCFTA) as one of the most important steps towards unlocking Africa's economic potential, saying the agreement has the power to reshape the continent's future if fully executed.
Kenya Airways has unveiled plans to expand its fleet from 32 aircraft to 100 by 2035 as part of an ambitious growth strategy aimed at increasing annual passenger traffic to 9 million.
Africa’s economic transformation will depend not only on the movement of goods and capital but also on the ability of people, skills and ideas to move freely across borders, Dr Ishmael Yamson, a member of Ghana’s Presidential Advisory Group on the Economy, has said.
The paradox of African infrastructure today is stark. While the “funding gap” continues to dominate policy discourse, it is the “execution gap”, or more precisely, the challenge of translating capital into delivery, that is increasingly shaping development outcomes in Africa.
Deputy Minister for Finance, Thomas Nyarko Ampem, has called for urgent reforms to political financing across Africa, warning that the growing influence of money in politics is undermining democratic integrity, excluding capable leaders, and weakening public trust in democratic institutions.
Africa can no longer measure financial inclusion by the number of bank accounts opened or digital wallets activated, and must instead pursue measurable improvements in people's lives, the Second Deputy Governor of the Bank of Ghana (BoG), Matilda Asante-Asiedu, has said.
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